2023-12-04 - Resolution 2023-37 - REQUESTING THE COUNTY OF LAKE NOT TO COLLECT THE LOSS IN COLLECTION ON TAXABLE PROPERTY IN THE VILLAGE OF BUFFALO GROVE RESOLUTION NO.2023-37
A RESOLUTION REQUESTING THE COUNTY OF LAKE NOT TO COLLECT THE LOSS IN COLLECTION ON
TAXABLE PROPERTY IN THE VILLAGE OF BUFFALO GROVE
WHEREAS,the Village of Buffalo Grove has experienced a high level of property tax
collections from its residential and commercial property in Lake County as verified by audit and
collection procedures;and
WHEREAS,the County of Lake has made it a policy to extend additional amounts over and
above the annual tax levy requests of the Village of Buffalo Grove in order to offset any loss in
collection of the tax levy;and
WHEREAS,those additional taxes will not be needed by the Village of Buffalo Grove to
perform its operational, pension and debt service responsibilities to its citizens.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF BUFFALO GROVE,COOK AND LAKE COUNTIES, ILLINOIS,that:
SECTION 1.The County Clerk of Lake County is hereby directed not to levy the customary percentage
amounts for loss and collection as part of the extension of those levies requested by the Village of
BufFalo Grove in its 2023 Tax Levy Ordinance upon all taxable property within the Lake County
boundaries of the Village.
SECTION 2.The Village Clerk is hereby directed to send a certified copy of this Resolution to the County
Clerk of Lake County.
AYES: 6—Johnson,Cesario,Ottenheimer,Stein, Bocek,Weidenfeld
NAYES: 0-None
ABSENT: 0-None
PASSED: December 4.2023
APPROVED: December 4, 2023
ATTEST: APPROVED:
-�:r►:-!„1 -L�AN�'U�%v�.
Janet ��� ��'ra;'-i';1�il�ra�.Clerk Eric N.Smith,Vi e President
`` ; ,,'-_'"' '-.;:�u 1
� �_- �
`!.`�'i� _.,,4.�v^�', ='�,;..�-''
..'`�1. :•�� 'tl�,.'..'^r— .+r�
,..�:_'v �:y?j�
���`�.�,�'��� "��
: - ,
�l '�� ..''' �\\
��sJJ�`��'�'��j��.�i���A�A
��e,.,, 'l.
.���